Blanchard Valley Health Foundation

Analysis

Blanchard Valley Health Foundation is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blanchard Valley Health Foundation reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $2.5m (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Blanchard Valley Health Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include BCC Housing Development Corporation ($2.5m), Episcopal Retirement Communities ($2.5m) and Rochester Housing Development Fund Corporation ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $252k (11% of expenses). Other salaries and wages came to $173k. At year end it held assets of $27.8m against liabilities of $12.2m, net assets of $15.5m.